Altcoins
SOL’s path of least resistance tilts toward $50 but onchain data hints at a bottom
•1 min read
SOL's price is currently showing bearish trends across various chart timeframes, prompting analysts to set a short-term price target of $50. However, onchain data, particularly the "extreme" state of the MVRV indicator, suggests that a price crash may be mitigated, indicating a potential bottom for the cryptocurrency.
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Source: CoinTelegraph · Report an issue
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